Common use of Obligation to Reimburse Clause in Contracts

Obligation to Reimburse. ‌ A Party providing indemnification under this Agreement (the “Indemnifying Party”) will be obligated to reimburse to a Party being indemnified under this Agreement (the “Indemnified Party”) the amount of any Losses suffered or incurred by the Indemnified Party, as of the date that the Indemnified Party incurs any such Losses, that payment being made without prejudice to the Indemnifying Party’s right to contest the basis of the Indemnified Party’s Claim for indemnification.

Obligation to Reimburse. ‌ A The Party providing indemnification under this Agreement hereunder (the “"Indemnifying Party”") will be obligated shall reimburse, on demand, to reimburse to a the Party being indemnified under this Agreement hereunder (the “"Indemnified Party”") the amount of any Losses suffered or incurred by the Indemnified Party, the whole as of the date that the Indemnified Party incurs any such Losses, that together with interest thereon from such date until payment being made without prejudice to in full at the Indemnifying Party’s right to contest the basis of the Indemnified Party’s Claim for indemnificationPrime Rate.

Obligation to Reimburse. ‌ A The Party providing indemnification under this Agreement hereunder (the “"Indemnifying Party”") will be obligated shall reimburse, on demand, to reimburse to a the Party being indemnified under this Agreement hereunder (the “"Indemnified Party”") the amount of any Losses suffered or incurred by the Indemnified Party, the whole as of the date that the Indemnified Party incurs any such Losses. Indemnification payments made pursuant hereto shall be treated as a reduction or increase, that payment being made without prejudice to as the Indemnifying Party’s right to contest case may be, in the basis of Purchase Price for the Indemnified Party’s Claim for indemnificationPurchased Assets.